Travelers Crosses Above its 10-day MA (TRV)
Travelers (NYSE:TRV) shares have crossed bullishly above their 10-day moving average of $117.61 on a volume of 197K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Travelers have traded between a low of $95.21 and a high of $119.30 and are now at $117.99, which is 24% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.
SmarTrend is tracking the current trend status for Travelers and will alert subscribers who have TRV in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Travelers